HUD Partial Claim

Good Morning

Is the Allonge to Agreement signed by the customer? It only shows a By:__________ at the bottom of the paper to sign and under the line its states Title so its a bit confusing as to whether the customer needs to sign or it should be left blank for the mortgage company. Could someone please help?

No - that’s for the lender/lender rep to sign

What is an allonge to note and who signs it?

A document attached to a promissory note or other negotiable instrument containing an indorsement that transfers the note or negotiable instrument over to a third party or bearer. The allonge must be firmly affixed to the note. An allonge is typically delivered to a successor lender when a loan is assigned.

3 Likes

Thank you , appreciate your help @LindaH-FL :slightly_smiling_face:

1 Like

I saw something that sums this up perfectly “move” allonge…not for you :slight_smile:

4 Likes

Hahaha thats a great way to see it, thank you :slightly_smiling_face:

1 Like

I thought so and helpful for new notaries.

The borrower doesn’t sign that.

This topic was automatically closed 90 days after the last reply. New replies are no longer allowed.